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The economic advisor to the White House, Kevin Hassett, stated on Friday that President Donald Trump and his team are considering the issue of dismissing Jerome Powell, the Chairman of the Federal Reserve.
Hassett responded to a question at the White House regarding whether the dismissal of Jerome Powell is an option by saying, "The president and his team will continue to study this issue."
Hassett's statement came a day after Trump escalated a longstanding dispute with Powell, accusing him of acting "for political purposes" by not lowering interest rates.
